Career Level 3
We are currently looking for a Payroll and Benefits Specialist reporting to the HR Services Manager. Being a member of a small team, you will be accountable for the Rewards and Benefits component of the people strategy.
Established in 1968, Munich Reinsurance Company of Africa serves life and non-life reinsurance clients across the Sub-Saharan Africa from our hub in Johannesburg. Together with our colleagues globally, we influence, collaborate and can be relied on to tackle the world’s most pressing challenges.
Your Role:
• Responsible for the monthly payroll and related tax processing activities (including expatriates)
• Support of the administration of all employee benefits (pension fund, short term insurance, funeral cover, retirement process and Employee Assistance Programme)
• Ensure compliance with all current payroll related legislation
• Manage internal monthly expatriate postings and reconciliations with general ledger
• Ensure that the creditors are accurately paid on time and reconciled accordingly
• Manage the Mid-Year and Year-End Tax Reconciliation and Returns
• Ensure monthly back-ups and updates are done timely on the internal HR system (Sage People 300)
• Participate in the monthly on-boarding of new employees
• Support the Annual Company Bonus payout cycle and Salary Increase process
• Administer the Pension fund including monthly reconciliation, claims, employee queries and retiree support
• Support all reporting related payroll requirements and audits as necessary
• Partner and work collaboratively with the HR team to elevate the employee experience
Your Profile:
• HR Degree / National Diploma in Payroll/Finance or related studies
• Hands-on, strong functional knowledge and a minimum of 5 years inhouse payroll operation experience
• SAP accounting exposure and experience with reconciliation of salaries accounts
• Proficient with Sage 300 People (essential)
• Advanced Microsoft Excel skills
• Knowledge of best practices around salaries and payroll topics, policies and procedures
• PAYE knowledge is essential
• GRP qualification is advantageous
At Munich Re, we embrace, and value, the interaction of diverse backgrounds, experiences, perspectives and thought. This interaction is our foundation. Of our open culture and spirit of partnership. Of how our teams are built and cultivated. Of how we are supported and developed. And at the center of this interaction is each of us.
